1072 N Milwaukee Avenue, Chicago, IL

$1,600,000

Previous Next

About 1072 N Milwaukee Avenue

Prime redevelopment opportunity at 1072 N Milwaukee Avenue in Chicago's vibrant Milwaukee Avenue corridor. The property features a 5,227-square-foot lot zoned C1-3, offering exceptional potential for a mixed-use residential and commercial development. With a 3.0 Floor Area Ratio (FAR), the site provides approximately 15,682 square feet of allowable floor area and a projected development capacity of 14 residential units. C1-3 zoning permits a variety of commercial uses, including ground-floor retail with residential apartments above, creating an attractive opportunity for developers and investors. No ARO requirement. Ideally positioned along a highly desirable urban corridor, this property presents an opportunity to capitalize on strong neighborhood demand and continued investment in the surrounding area. All zoning, density, permitted uses, and development potential are subject to independent verification with the City of Chicago.

Features of 1072 N Milwaukee Avenue

MLS® # 12783193
Price $1,600,000
Bathrooms 0.00
Type Land
Sub-Type Land
Status New

Community Information

Address 1072 N Milwaukee Avenue
Area CHI - West Town
City Chicago
County Cook
State IL
Zip Code 60642

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement Yes
Basement Cellar

School Information

District 299

Additional Information

Days on Market 1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMeridian Real Estate Chicago LLC

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?